Assuming no increase in the national debt, lowering taxes would most likely have the following immediate result:
A) increasing available fiscal resources for quality of life, employment, and economic development policies.
B) redistribution of remaining tax revenues to a variety of available social welfare and domestic policies.
C) reducing the amount of money available for programs designed to spur employment and economic activity.
D) maintaining employment and economic development programs at the expense of military and defense spending.
Correct Answer:
Verified
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